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- Working Paper
This paper extends a 2019 analysis by Olivier Blanchard by separating total estimated welfare effects of debt into crowding-out and risk-shifting components and estimates the effects of those components under alternative assumptions about technology and preferences.
- Report
CBO issues a volume that contains short descriptions of 59 policy options that would each reduce the federal budget deficit by less than $300 billion over the next 10 years.
- Report
CBO describes its current view of the economy over the next two years, compares that view with projections of other forecasters and with those that CBO made previously, and explains the implications for the federal budget.
- Report
CBO responds to questions about its current view of the economy over the next two years, how that compares with CBO's most recent projections and with those of the Federal Reserve, and the implications for households and the federal budget.
- Recurring Data
Deficit or surplus with and without CBO’s estimate of automatic stabilizers, and related estimates of GDP and unemployment gaps.
- Report
CBO projects the budgetary effects of automatic stabilizers—as well as the size of deficits without them—from 2022 to 2032 and provides historical estimates of the stabilizers’ effects since 1972.
- Blog Post
CBO’s Director, Phillip Swagel, discusses the agency's recent work.
- Report
CBO explains why it uses an income and payroll tax offset when estimating the budgetary effects of changes in indirect taxes, how the rate of the offset is set, and how it is applied in cost estimates and in baseline projections of revenues.
- Recurring Data
- Report
CBO responds to a request for information on the effects of a final rule issued in July 2022 by the Pension Benefit Guaranty Corporation regarding special financial assistance provided to pension plans under the American Rescue Plan Act.